Exciting Times

19 feb 2018

Back toward the resistance we go! This should be fun, just make sure to constantly update your stop losses so you don't get caught out. Now I've already posted a vibrantly worded analysis... kind of? Anyway, here's the deal; Bitcoin is like an explorer pushing through scrub, and now they're getting close to some thick 'n' thorny jungle. The question is, did they bring a sharp machete? We will find out soon enough, eventually it will break this bear market and the bulls will run again but is it going to happen this soon? I remain seated with a healthy skepticism, unable to shake the feeling that this climb has been a little too steep, considering the "healthy" trend channel (big and green) is getting left behind. Remain cautious fellow traders, and may the gains rain upon you all.